Which is better investment: 11% stock at 143  or  9% stock at 117?

Question:
Which is better investment: 11% stock at 143  or  9% stock at 117?

[A].

11% stock at 143

[B].

9	3	% stock at 117
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[C].

Both are equally good

[D].

Cannot be compared, as the total amount of investment is not given.

Answer: Option B

Explanation:

Let investment in each case be Rs. (143 x 117).

Income in 1st case = Rs.		11	x 143 x 117		= Rs. 1287.
		143

Income in 2nd case = Rs.		39	x 143 x 117		= Rs. 1394.25
		4 x 117

Clearly, 9	3	% stock at 117 is better.
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